Thursday, July 7, 2016

SBI Card launches premium credit card 'Elite'

SBI Card launches premium credit card 'Elite'

SBI Cards and Payment Services (SBI Card), the third-largest card issuer by number has launched a premium credit card 'Elite'. Elite is a bundle of several privileges and benefits for high net worth individuals (HNIs). The 'Elite' card is launched on the Master Card World platform which is enabled with NFC (Near Field Communication) technology. This allows customers a contactless payment experience, adding more speed and save to their wallets.

The new card comes with a joining fee of Rs 4,999 and all customers will receive a welcome gift worth Rs 5,000 in the form of vouchers from popular lifestyle and travel brands. ELITE offers privileges such as 24x7 concierge services, golf course reservations, spa, and limousine or movie ticket bookings, all of these can be availed with just one phone call. Up to 50,000 bonus points on milestone spends of Rs. 3 lakh can be earned by cardholders and they will get Rs 500 off on movie tickets on every month. For frequent fliers, ELITE offers lounge access through “priority pass programme” at over 850 airports across the globe.

So let's discuss some questions related to this post :
1. Name the credit card which has been launched by the SBI Cards and Payment Services recently?
2. The Elite card is launched on which platform and also expand the term NFC?

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